Replies to post #1235 on Arch Coal Inc. (fka ACIIQ)

[Full Contact Yoga]

Yes, the DIP was very good news and the muppets were very wise to trade and bring the ticker to a 52 week high. Whether or not common shares will survive Chapter 11 remains to be seen, but also irrelevant. OTC is for trading, not investing IMO. 6-700% return in a matter of days or even 60% if you got in late is a pretty good trade IMO. They've got cash, restructured debt, etc, it could turn out OK, but to be honest, I don't really care, just a trade.